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 Replies: 32 / Views: 4,161 |
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Pillar of the Community
United States
8517 Posts |
Crack it !
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Valued Member
 United States
96 Posts |
All very good advice. Thank you! I wonder if the folder company makes a slotted holder for slabs.
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Pillar of the Community
Canada
1267 Posts |
Leave it in the slab.
Once removed from the slab, regardless of how many pictures you have, it has become raw again. Too much value to play that game.
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Valued Member
52 Posts |
I cannot tell from the photo!
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Pillar of the Community
United States
6370 Posts |
I only break out coin if they are worth the same (or more) outside of the holder as inside. MS-67 1881 S Morgan? Good luck getting $700 for it raw, regardless of whether or not it was previously certified. Very few want to take the risk that it could downgrade. A VG bust dollar? It can hold its own.
Most of the reason why cracked-out coins do not hold their values well is that the TPGs are inconsistent. If it grades AU-50 today, how do you know they won't have a bad day when they are grading it again and grade it XF-45? For some issues, this causes a huge value drop, even if the coin has not changed one bit. This is the problem with a market when a coin's value is completely dictated by the number on the slab.
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Pillar of the Community
United States
789 Posts |
Quote:
Leave it in the slab.
Once removed from the slab, regardless of how many pictures you have, it has become raw again. Too much value to play that game. There are those of us who view slabbing as the game. If you are playing the investment game, leave it in the tomb. If you are a collector/numismatist, set it free! Quote:
... If it grades AU-50 today, how do you know they won't have a bad day when they are grading it again and grade it XF-45? For some issues, this causes a huge value drop, ... This is the problem with a market when a coin's value is completely dictated by the number on the slab. If it grades AU-50 today, how do you know they won't regrade it as MS_Magic_Number if they are having a good day? The crack-out game has been going on ever since slabs appeared. You are 100% correct, this is a problem when the holder determines the price/value. On a side note, when I typed "crackout", spell check suggested "crackpot". |
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Pillar of the Community
United States
3402 Posts |
Set it free...break it out...how many years haves coins been collected before slabs were introduced? Careful handling and placement in an album would be fine for this one. I could understand keeping it in a slab if it was blazing red, but when you think about it, all those years it was out of a slab and kept on being blazing red!!
KK
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Pillar of the Community
United States
701 Posts |
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Valued Member
United States
96 Posts |
I love seeing the opinions. Thank you! I spoke with the boss (my wife) and she suggested keeping it in and buying a lower grade. I went online and found only one that also was in a slab and overpriced at a lower grade. I haven't navigated CC for sales yet though. Just updating.
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Bedrock of the Community
United States
94367 Posts |
Just can't see throwing away a grading fee and facing another one if you're serious about selling one day. Don't get caught up in a hole-filling mentality.
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Valued Member
United States
96 Posts |
I found one online that was good. I used the CCF search to start. Hope that helps!
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Valued Member
United States
96 Posts |
Kopper Ken, I appreciate your comment about how a red copper stays red somehow! The chemistry behind that would explain that type of phenomenon would be interesting. When corrosion happens we can usually figure out why, but how do some coins stay? This AU50 would unlikely corrode more in my lifetime as long as I keep it inside, airconditioned, clean and dry. Although I am in Florida. Any further insight? I have the book Coin Chemistry, but it's mostly about silver.
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Rest in Peace
United States
17900 Posts |
Keep it holdered. Take a life size photo of both sides, print them, cut them out, put front to back, stick that in your album.
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Pillar of the Community
United States
3402 Posts |
I'm amazed at the coin but more amazed that you got the Boss's permission to get another. Your job has great benefits.
KK
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Pillar of the Community
United States
5887 Posts |
I suggest Do not crack it out. Put pictures of the slabbed coin in the album like mentioned above. :) just my " Two Cents". -CH27 Collector of U.S. Coins, Varieties, and Colonial Coinage
Edited by CoinHunter27
06/25/2019 7:31 pm
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Replies: 32 / Views: 4,161 |
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Posted 05/03/2019 5:56 pm
